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20130122
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
KICU
Jan 22, 2013 4:00am PST
the debt ceiling extension as well. does this take anything off the table for the market or is the market over watching what's going on in washington? if you look at what happened with the fiscal cliff, how that was solved within 24 hours to go. a lot of traders and investors anticipate a similar situation with the debt ceiling. whether we get this extension of three months or whether overnight some kind of resolution to it is being done it seems like the general consensus is this thing will be fixed and we will be able to move on and look forward past it. there's a blast of winter rushing through the u.s. this week. what will that mean for natural gas prices? we have seen natural gas prices climb aggressively off their lows. we pushed through 350 last week. we also had a draw down in their storage report. we're expecting another draw down going forward. but as far as other similar markets like crude oil and heating oil we've also seen quite a bit of demand for the. crude oil has a little bit more geopolitical tension so you are seeing the bent crude start to pick up a little bit m
PBS
Jan 22, 2013 6:30pm EST
reduce employment relative to what it would be otherwise. >> reporter: the debt ceiling extension would allow the treasury to pay the nation's bills through at least may 19. darren gersh, "n.b.r.," washington >> tom: the u.s. housing market had a quiet end to its best year since 2007. sales of existing homes fell unexpectedly in december by 1% down to a 4.94 million annual rate. analysts note the drop in sales is not entirely bad news because there were fewer homes on the market. inventories are at their lowest level in seven and a half years. sales were up in the northeast and western u.s. while they fell in the midwest and south. for the entire year, existing home sales saw their best year since 2007. >> tom: julia coronado is the chief economist of north america, and she joins us from new york. julia, how much more do you think housing can continue to improve without real significant increases in job gains? >> well, i think that what we're expecting is more pretty decent but moderate improvement in housing, and that will come with some job gains. but this is a housing recovery that i
FOX Business
Jan 22, 2013 5:00pm EST
to buy your goods. you but it is a dangerous game to, well, let's pass the debt ceiling extension but deal with it the next time. we were here in august of 2011. we had the "gang of six", we had the super-committee, all these smart people that were supposed to come up with a resolution how we're not getting back to this spot and guess what? we're here. melissa: absolutely. dennis i will kick it back to you on that one. everyone thinks this sound like, i don't want to say it is, such a cliche, kicking the can down the road again. >> we have to deal with this, this is wasteful spending. we have an element no one is talking about i want to introduce on the show. you have exponential growth of debt due to compounded interest. we have structural problems the way we handle our money system. this is something that we're going to have to address sooner or later. you can kick the can down the road but we'll still have debt. we have to deal with the underlying issues how these debts are created. cut the wasteful spending but also look at the, at the system that we have that causes the debt to g
CSPAN
Jan 22, 2013 5:00pm EST
or four-month extension of the debt ceiling. then we are going to get into a fight on the sequester and hold the line. this is a promise that our leadership is making to us. as long as they keep that promise, i think many conservatives are going to be ok with that. when we get to the debt ceiling fight, we are going to ask for at a minimum, the one-for-one cuts that comes from the boehner rule for any long-term debt ceiling extension. so if we look at that, it means in 10 to 15 years, with very little help from the democrats, we can actually achieve a balanced budget, which is much better than the 23 to 27 years that the ryan budget gave us and it is much better than the never balancing budget that obama and the democrats have proposed for the last four years. so you look at all the data out there. all the public opinion polls, the american people think we are spending too much money, that they think we are taxing too much. the problem is with republicans, and this goes to what representative huelskamp just said, as republicans we have been seen as the party of big business and we s
CSPAN
Jan 22, 2013 1:00pm EST
think many conservatives will be ok with that. then when we get to the debt ceiling fight we're going to ask for at a minimum the one--- the one-for-one cuts that come from the boehner rule for any long-term debt ceiling extension system of if we look at that, it means that in 10 to 15 years, with very little help from the democrats, we can achieve a balanced budget which is much better than even the 23- to 27 -- better than the 23 years to 27 years and obviously better than the never balancing budget obama and the democrats have proposed for the last four years. so you look at all the data out there. all the public opinion polls say that the american people think we're spending too much money. that the american people think that we are taxing too much. but the problem is that as republicans, i think this goes to what representative huelskamp just said, as republicans we have been seen as the party of big business. and we should never be the party of big business. we should be the party of individuals. the party that helps individuals have a fair share. we have a system that is unfair to small businesses, to individuals, we have a tax system that is unfair, we have a regulatory system that is unfair, and when republic
MSNBC
Jan 22, 2013 7:00am PST
in the house who don't want to raise the debt ceiling at all and don't even think a three-month extension of the debt ceiling as a ploy to put the political pressure on the senate democrats to pass a budget, they may not even vote for this. so he has his work cut out for him to make sure that his caucus or at least the vast majority of it is on board for this. and for the senate democrats, if this three-month extension passes, it does move the spotlight, it does put the heat on them and they haven't passed a budget in years, and you know, it goes to the senate and it goes to senate majority leader harry reid and we'll see what they do. but first, john boehner has to get his folks on board in the house. >> andy, carrie, good to see both of you. thanks. >> thank you. >>> boy, it was a stunning way to cap off the inaugural festivities. the president and first lady sharing a dance at the inaugural ball of course, to "let's stay together" performed by jennifer hudson. she sang this song earlier at the commander-in-chief's ball. mrs. obama wore that amazing red dress by jason wu. her outfit will n
RT
Jan 21, 2013 8:00pm EST
issue saying that first of all the three month extension of the debt ceiling is certainly not enough i mean we've already seen so much happen in this past year really the debt ceiling was supposed to be we were supposed to go beyond the debt ceiling back in december but timothy geithner and acted these extraordinary measures to kind of push it as far as it could really pinching pennies from the u.s. economy and we're really seeing now is that everyone is projecting that we are going to run out of money money you know the term that we use for that money that we don't have right now it's a kind of two we can only push until the end of february early march so obviously something really needs to happen right now in terms of the debt ceiling and mind you i just need to remind you one more point and that is really that there are the debt ceiling and the raising the debt ceiling is already for money that they've already planned on spending in the first place so the debts. and raising it isn't for future projects or for future legislation for things that they've already agreed upon so it's j
PBS
Jan 21, 2013 7:00pm EST
palestinians. the u.s. house will vote wednesday on raising the national debt ceiling. republican leaders announced today the extension lets the government continue borrowing money until may 19. the current debt ceiling-- $16.4 trillion-- could be reached as early as mid-february. the house bill does not specify a new dollar amount. it does mandate that congress approve budgets, or lawmakers won't be paid. major league baseball lost two hall of famers over the weekend. st. louis cardinals great stan musial-- "stan the man"--iedne saturday at his home just outside the city. he played 22 years, helping the cards win three world series titles in the 1940's. he was widely regarded as one of game's greatest hitters ever. stan musial was 92 years old. also saturday, former baltimore orioles manager earl weaver passed away, during a caribbean cruise. weaver won the world series in 1970, and took his teams to three others. along the way, he gained fame for his fiery, in-your-face confrontations with umpires. he was ejected from games 91 times over 17 seasons. earl weaver was 82 years old. >> brown: finally tonight, a closing refle
PBS
Jan 22, 2013 3:00pm PST
up a clean... they're going to send us a clean debt ceiling bill. the other stuff on it will athat when we need to. i'm glad we're not facing crisis here in a matter of a few days. >> sreenivasan: president obama said he wanted a longer-term extension of the debt ceiling. but a white house spokesman said today the president will accept a short-term bill if it reaches his desk. without an extension, the government could run out of money within a month. a deep freeze lingered in the upper midwest today with temperatures dropping in some places to minus 30 fahrenheit. wind chills made it even worse. across the region, people bundled up to face the cold, and some schools closed. frigid arctic air swept down from canada last saturday. authorities attribute at least three deaths to the weather so far. american military transport planes have joined the french effort to repel islamist rebels in mali. pentagon spokesman george little confirmed today that u.s. c-17's have flown five missions to the african nation in recent days. they ferried more than 80 french troops and 120 tons of equipment. little said the u.s. is still considering whether to provide aerial refueling planes. at least 17 iraqis died in a series of car bombings in and around
FOX Business
Jan 21, 2013 11:00pm EST
acts together to negotiate better on the debt ceiling and other things. neil: what is the overture on the republican party? saying that they are going to push for a three-month extension? >> sure, what i read in it was from a pr standpoint in saying that gets all is a bad idea and will hurt the economy. and for economy a year and a half ago. republicans are saying that maybe it's a smart move in the sense that they want to say enough of this pr stunt. let's take the falls off the table but let's get to the real essence of spending cuts. the president is going to keep coming back. but it's more revenue. but it's more tax increases. we knew th in the campaign. neil: there is this paraphrase between the rich and the poor that you alluded to. maybe he has not done this. >> i don't think he is done on more tax increases. neil: more deductions? >> deductions anperhaps more rate hikes. this was alluded to during the fiscal cliff talks by various democratic leaders. at one point john boehner and the president talking about $1.2 trillion in revenue increases and ended up with 600 billion in revenue increases. democrats feel like they can get more and if you like aking it the president
FOX News
Jan 22, 2013 12:00am PST
. think again, the house will vote for a three-month ceiling on the debt seen and comes with a price. g.o.p. leaders said they would vote for the extension, but that the measure would also require the democratic controlled senate to pass a budget and if ne do ththey fail that, pay for lawmakers will be withheld. and we've got to look at the house and spending problem. no budget, no pay. joining me now with reaction. congressman david schweiker and walldon. i was skeptical when i heard the republicans are giving in already. i had a couple of discussions this weekend, and some of your colleagues, explain the rational. number within, they say sequestration that's cuts are going into effect and force the president and senate to come one a budget and the senate didn't pass a budget in three and a half years. i liked it more when it was explained to me. is that about right. >> i think it is, sean and about time the senate did the legal responsibility of passing the budget we passed one each the last two years we'ven been in the majority. the ryan plan laid out how to deal with our biggest
CNBC
Jan 22, 2013 6:00am EST
the debt ceiling. joining us to talk about the debt fight in congress, jeffrey solomon, ceo of cowan and company. he's making his way to the "squawk" set. what we call a perp walk, no guy that runs a big wall street needs a perp walk, do they? >> squawk walk. >> kind of like walk like a duck. >> all right. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> welcome back to "squawk box." joining us now on set to talk equity market structure, and the debt ceiling. jeff solomon cowen & company ceo. let's start with, i'm intrigued now. equity market structure. what are you going to talk about now? how do you want to talk about that? >> well, i think, i mean, we've been talking for a little over a couple of years about how crazy the equity market structure has gotten in terms of fast speeding, electronic trading, high frequency tradi
CSPAN
Jan 22, 2013 5:00pm EST
. passion an extension? he thinks the republicans are going to support raising the debt ceiling? >> a couple of thoughts about the debt ceiling in general. it has been used over 20 times since the 1950's. to give you some incidences, you will remember the 1997 clinton republican congress deficit reduction package. in the 1980's gramm-rudman was attached to the debt ceiling. and in august of 2011 the budget control act was attached to the debt ceiling. so it has been quite the norm to use presidential requests to raise the debt ceiling to do something about a deficit and debt. they called on senate democrats to run the senate to follow the regular water. the debt ceiling can originate in either house. the senate finance committee could generate a debt ceiling proposal. they could do it clean if they wanted to. they could try and embrace some spending reductions. but i think what the house is saying above all else is that they are hoping to act as soon as maybe tomorrow. then it will be incumbent upon the senate democratic majority the function. what is their idea? cleaned with attachme
Search Results 0 to 18 of about 19 (some duplicates have been removed)